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10-year Treasury yield falls as traders await Fed rate decision - TL;DR CNBC

10-year Treasury yield falls as traders await Fed rate decision

Publishing timestamp: 2024-01-30 12:12:03


Summary

The 10-year Treasury yield was lower as the Federal Reserve's first policy meeting of 2024 began. Traders analyzed economic data and the yield on the 10-year Treasury decreased by 2 basis points. The 2-year Treasury yield increased by 4.6 basis points. The Fed's meeting will conclude with an interest rate decision and guidance on monetary policy. Traders are uncertain about the future path of monetary policy. The Conference Board's consumer confidence index increased, but job openings were higher than expected.


Sentiment: NEUTRAL

Tickers: US2YUS10Y

Keywords: central bankingmedium term notestreasury billsbusiness newseconomybreaking news: marketstreasury notesu.s. 10 year treasuryfederal reserve banku.s. 2 year treasuryu.s. economyinterest ratespricesmarketsbondsu.s. treasury bondseconomic eventsgovernment debtmonetary policy

Source: https://www.cnbc.com/2024/01/30/us-treasury-yields-as-the-latest-fed-policy-meeting-is-due-to-begin.html


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